Review – Review Of Day Trading Robot
Posted by | Posted in Technical Analysis | Posted on 04-02-2009
Most searchers Google “Day Trading Robot review” because they have visited the Day Trading Robot website, read the Day Trading Robot sales page, and are seeking some kind of independent verification of the merits (or otherwise) of Day Trading Robot.
The average person reading the Day Trading Robot sales letter on the Day Trading Robot website has little or no understanding of the inner working of the stock market, and the fundamentals of technical trading, which is the basis of Day Trading Robot.
Day Trading Robot is in essence a software program for technical analysis of stocks. Any decent Day Trading Robot review will discuss the process fo technical analysis and how it is used in technical trading, because without this information, the reader cannot make an informed decision about whether Day Trading Robot is right for them.
Technical analysis refers to the process of looking for patterns in the movment of share prices. Technical trading ignores the so-called “fundamentals” of share value, such as price-to-earnings ratio and debt-to-equity ratio, in favour of looking for the “resistance points” at various places on the share value graph.
For example, Day Trading Robot may detect a pattern of a particular share reaching a value of, say, 25c, only to lose a few cents almost immediately. This suggests that there are quite a few people who consider the share overpriced at that point, and sell it off. Day Trading Robot builds up a picture of dozens and dozens of these patterns, and uses that information to make predictions about share price movements in the future.
The average Day Trading Robot review will not mention this type of technical information, because the average writer of a Day Trading Robot review will not have the vaguest clue about how it actually works. What is the point of writing a Day Trading Robot review, you might wonder, when you have absolutely no knowledge or qualifications on which to draw?
Because when you buy Day Trading Robot, these folk will get a commission check, that’s why.
The average Day Trading Robot review will be riddled with spelling and grammatical errors, contain no new information beyond the sales letter, involve no original thought, and add no value. There is the occasional Day Trading Robot review with a bit of brains behind it, and those are the hen’s teeth you need to find.
If you are looking for a Day Trading Robot Review that actually contains something of value, check out this Day Trading Robot Review on Hubpages.
There is also a multi-part Day Trading Robot Review at Squidoo, which contains links to other Day Trading Robot reviews that have something worthwhile to say.
And finally, a pointed Day Trading Robot Review from a blogger with a jaundiced view of the whole industry.
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